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Healthcare M&A | M&A News, Analysis, Insights - HIT Consultant

AGS Acquires Offshore Patient Access BPO Unit from Availity

by Jasmine Pennic 02/21/2023 Leave a Comment

Availity

What You Should Know: - AGS Health, a provider for tech-enabled revenue cycle management (RCM) solutions announces the acquisition of the India-based patient access outsourcing business unit of the Florida-based healthcare technology company Availity. - With more than half of U.S. hospitals anticipating a year of negative margins, achieving full and accurate reimbursement for services has never been more critical. With this expansion, AGS Health is positioned to provide faster, more
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Centura Health Acquires Utah Care Sites from Steward Health Care

by Fred Pennic 02/15/2023 Leave a Comment

Centura Health Acquires Utah Care Sites from Steward Health Care

What You Should Know: Centura Health, one of its two joint operating sponsors, CommonSpirit Health, and Steward Health Care today announced an asset purchase agreement (APA) for CommonSpirit Health to acquire Steward’s Utah care sites, which include five hospitals, more than 35 medical group clinics, and a clinically integrated network of care providers. As part of the acquisition, Centura Health will manage the five hospitals and their affiliated clinics which includes Davis Hospital and
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GE HealthCare to Acquire Caption Health to Expand AI-Guided Ultrasounds

by Fred Pennic 02/10/2023 Leave a Comment

GE HealthCare to Acquire Caption Health

What You Should Know: - GE HealthCare acquires Caption Health, Inc., a privately owned artificial intelligence (AI) healthcare leader that creates clinical applications to aid in early disease detection, using AI to assist in conducting ultrasound scans. - The acquisition supports GE HealthCare’s $3B Ultrasound business by adding AI-enabled image guidance to ultrasound device portfolios. In addition, it aligns with strategy to deliver precision care and expands access to new ultrasound
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CVS Health Acquires Oak Street Health for $10.6B in Cash – M&A

by Fred Pennic 02/08/2023 Leave a Comment

CVS Health Acquires Oak Street Health for $10.6B in Cash

What You Should Know: - CVS Health acquires Oak Street Health in an all-cash deal of $39 per share in cash, representing an enterprise value of approximately $10.6 billion. Bringing CVS Health and Oak Street Health together can significantly benefit patients’ long-term health by reducing care costs and improving outcomes – particularly for those in underserved communities. - Oak Street Health CEO Mike Pykosz will continue to lead Oak Street Health, which will become part of CVS
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Health IT M&A: KLAS Reveals Vendors Learning to Mitigate Negative Impact

by Syed Hamza Sohail 02/06/2023 Leave a Comment

Health IT M&A: KLAS Reveals Vendors Learning to Mitigate Negative Impact

What You Should Know: - Since KLAS’ last report on M&A activity, there have been several notable vendor mergers and acquisitions affecting the healthcare IT landscape, and many healthcare organizations have needed to navigate the resulting disruptions. - This report provides an update on how customer satisfaction has been affected by recent health IT M&A activity and what makes vendors more or less resilient during this type of change. This report includes 26
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Israel HMO Enables Patients to Contact Doctors Via WhatsApp

by Fred Pennic 02/03/2023 Leave a Comment

Israel HMO Enables Patients to Contact Doctors Via WhatsApp

What You Should Know: - Clalit Health Services, the largest HMO in Israel eases the burden on customer service teams, allowing members to communicate directly with their HMO through WhatsApp and social media. - Clalit members in Israel. Clalit members can now contact the clinic and doctors via WhatsApp - to schedule appointments, send documents - and save waiting time.  Deploying CommBox’s Omnichannel Communication Platform As part of the move, Clalit implemented CommBox’s
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M&A: Accenture Acquires Life Sciences Consulting Firm Bionest

by Jasmine Pennic 02/02/2023 Leave a Comment

Accenture Acquires Life Sciences Consulting Firm Bionest

What You Should Know: - Today, Accenture announced it has acquired Bionest, a strategy and consulting firm dedicated to addressing complex strategic decisions for leading biopharma organizations across innovative areas of science including precision medicine and diagnostics, oncology, cell & gene therapy (CGT), and rare diseases. Terms of the transaction were not disclosed. - Scientific and technological advancements are creating breakthroughs for patient health,
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M&A: Science 37 Acquires Vault Health’s Life Sciences Platform

by Jasmine Pennic 02/02/2023 Leave a Comment

M&A: Science 37 Acquires Vault Health’s Life Sciences Platform

What You Should Know: - Science 37 Holdings, Inc., the industry-leading Metasite announced it has acquired life sciences platform from Vault Health, a national leader in remote diagnostics and COVID testing, to further enhance clinical trial workflow orchestration and data interoperability capabilities of the Science 37 platform. - The asset purchase accelerates Science 37’s existing development plans for workflow features such as advanced scheduling and investigational product tracking,
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M&A: CVS Pharmacy Acquires MedAvail’s Pharmacy Assets

by Jasmine Pennic 01/26/2023 Leave a Comment

M&A: CVS Pharmacy Acquires MedAvail’s Pharmacy Assets

What You Should Know: - MedAvail Holdings, Inc.(“MedAvail”), an innovative technology-enabled pharmacy company, today announced it has entered into a definitive agreement with CVS Pharmacy, Inc., on behalf of itself and its subsidiaries and affiliates (“CVS”), for the sale of certain assets of MedAvail’s SpotRx pharmacies (the “CVS Transaction”). - MedAvail has agreed to sell to CVS certain assets related to its SpotRx pharmacies located in Tucson and Phoenix, Arizona; Buena Park,
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M&A: ReviveHealth Acquires Telehealth Company SwiftMD

by Fred Pennic 01/24/2023 Leave a Comment

M&A: ReviveHealth Acquires Telehealth Company SwiftMD

What You Should Know: ReviveHealth, a whole health and integrated care company, has acquired SwiftMD, a virtual care services company with a strong physician network.  - The acquisition was facilitated by Eir Partners, a Miami based private equity firm that invests in high growth healthcare companies. Eir Partners took a majority interest in ReviveHealth as a part of the transaction. SwiftMD Background SwiftMD is a digital virtual health company with the highest utilization rate
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